This property is a unit located in 778/D76008 Mawson Lakes SA. Data from comparable sales value it at about $285,000. The local council is Salisbury, featuring 3 bedrooms and 2 bathrooms.
SOLD Grey REal Estate is proud to present 3 contemporary style Torrens titled terrace homes now selling off the plan.These architecturally designed terrace homes feature the latest in designs from quality builder Construct Living.Outstandingly situated moments from the vibrancy of the Mawson Lakes cosmopolitan lifestyle amenities and facilities, minutes from the interchange train station, Terrace on Ellis Lane is certain to appeal to the astute owner-occupier and/or investor seeking to participate in the exciting quality lifestyle and investment opportunity afforded by this premium location.These two-story terrace homes offer style and spacious living in a turn-key house and land package.Packages includeThree bedrooms master with en suite / walk in robeCustom made designer kitchen with ample cupboard spaceStainless steel under bench oven, benchtop cook top, range hood and dishwasherOpen plan living room overlooking private court yardGenerous size balcony with reserve frontage viewsR/C air-conditioning throughoutQuality carpet and timber look flooring throughoutContemporary front and rear landscaped gardenDriveway, path and fencingWindow treatments and alarmMassive stamp duty savings plus new home construction grantsTerrace 1 3 bedroom 2 bath 1 car $390,000 (under contract)Terrace 2 3 bedroom 2 bath 1 car $385,000Terrace 3 3 bedroom 2 bath 2 car $395,000INVESTORS TAKE NOTE - Outstanding investment opportunityApproximately 5.1% rental yield annually plus $11,800 depreciation benefits 1st yearEstimated rental income $395 per week x 52 weeks = $20540.00 annual incomePurchase price including estimated start up fees and Govt fees = $405,000.00Estimated depreciation benefits 1st yearPlant and equipment $6100Division (43) $5700Total $11,800Premium location, sophisticated architectural style and superior quality construction combine to ensure that purchasers at Terrace on Ellis Lane enjoy immediate lifestyle benefits, exceptional value for money and outstanding future investment potential.Please refer to FORM R7 - Financial and Investment advice - You should assess the suitability of any purchase of land or business in light of your own needs and circumstances by seeking independent financial and legal advice. photos use for illustrative purposes only